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What is the maximum amount that can be paid from the California real estate recovery fund for each judgment?
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When a judgment for credit card debt is established in California does the amount remain the same until paid or does it escalate with interest and fees?
A California domestic judgment accrues interest at 10% until paid, no other fees involved.
What is the maximum amount that a licensee can receive from the Transaction Recovery Fund due to the improper activities of a real estate broker involved in multiple transactions?
100000
Does the state of Missouri allow wage garnishment if a repossessed mobile home is sold for less than the contracted amount?
If the lender sues the borrower and wins a judgment the lender can then execute the judgment as a wage garnishment on any outstanding amount that is owed and in some cases legal fees and other expenses incurred in the recovery of the debt.
What percent can a creditor take out of you check for a garnishment?
That is determined by the laws of the state in which the judgment debtor resides. The maximum amount is 25% after disposable income with an amount equal to the weekly based federal or state minimum wage amount being exempt from garnishment.
What does writ amount mean?
The amount of a court issued judgment.The amount of a court issued judgment.The amount of a court issued judgment.The amount of a court issued judgment.
What is the maximum recovery amount in small claims court in Florida?
The maximum amount of damage recovery for a small claims suit is $5,000. The state establishes the laws regarding monetary recovery, therefore, the maximum amount would be the same in any Florida small claims court.
What is the maximum recovery amount in Boston Municipal Court?
Call the clerk of the court and ask him.
How do you calculate relative recovery?
Relative recovery is calculated by dividing the amount recovered from a process by the theoretical maximum amount that could be recovered. The formula is: (recovered amount / theoretical maximum amount) * 100. This calculation is often used in fields such as chemistry and metallurgy to evaluate the efficiency of a recovery process.
What is the maximum recovery amount in small claims court in PA?
$10,000.00 dollars. See below link:
What is the maximum recovery amount in small claims court in California?
In California, the maximum recovery amount in a small claims case depends on who is doing the suing and how many other cases the person suing has filed in small claims court. An individual suing another individual or a corporation can sue for $7,500 or less. A corporation suing an individual or another corporation can only sue for $5,000. An individual or corporation can file an unlimited number of claims for up to $2,500 each, but can only file two claims in a calendar year that ask for more than $2,500. For more information on small claims cases in California, see the related link.
When a judgment for credit card debt is established in California does the amount remain the same until paid or does it escalate with interest and fees?
A California domestic judgment accrues interest at 10% until paid, no other fees involved.
What is the maximum amount that can be paid from the real estate recovery fund for many judgments in several transactions against one licensee?
$150,000
Can you garnish the judgment debtor's wages if you have a six hundred dollar judgment?
Yes, the judgment amount is irrelevant when it pertains to the execution of the writ and the recovery of the debt owed. The judgment should be filed with the clerk of the court to be enforced as a wage garnishment order. Please be advised, the court will not collect the monies owed, that is the sole responsibility of the judgment holder.
What happens when a judgment exceedes the amount that the insurance covers?
This is not good, for you! It means that the Insurance co. has met their obligation and if there is an amount still owed, you're stuck with it! You may be sued by the adverse party and they may obtain a Judgment against you. However, in some cases, the Judge may order the Insurance co. to pay the Judgment and they will come after you for the full recovery, minus the amount stated in your policy! Good luck!
What is the maximum recovery amount in small claims court in New Jersey?
In New Jersey, the maximum recovery amount in small claims court is $3,000. The purpose of small claims court is to provide a simplified and inexpensive process for resolving disputes involving small amounts of money.
What is the maximum amount that a licensee can receive from the Transaction Recovery Fund due to the improper activities of a real estate broker involved in multiple transactions?
100000
What is the maximum amount a judgment in Arizona can be?
If it is a civil judgment for debt then it will be whatever the amount of the debt plus legal fees and court costs and interest (10%) accrued on the judgment until it is paid. Judgments are of five year duration and can be renewed by the judgment creditor and executed at any time while valid. If it is a civil judgment for personal injury, malpractice, etc. the state has a law which requires voters to approve any caps on monetary damages for such action (Torts).
